This is a big plus for fintech disruptors who can thrive from the openness of these institutions to build stronger and easier tech integrations.
The New York investment bank said it is spinning out a collection of mobile-phone software it developed in-house into a new venture. That entity will be managed and majority-owned by Synchronoss Technologies Inc., a publicly traded software firm that is increasingly trying to target business customers, the companies said. Goldman will take a minority...